Bondholders get big haircut as Co-op completes restructuring
As part of its restructuring process the Co-operative Bank’s 2023 bonds have been cancelled, imposing heavy losses on investors.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts